SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Armstrong Mccall franchise in Texas: what the public record shows
Franchisees of Armstrong Mccall in Texas have taken 21 SBA loans since 1991 (average $706,195), and of the 16 loans whose story has ended, 25.0% were charged off — versus 15.6% for Armstrong Mccall nationally and 14.8% across all rateable franchise brands.
Loans in TX
21
Resolved
16
Local charge-off
25.0%
National charge-off
15.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TX. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
4,461
statewide, all operators
Per 100k residents
14.3
national 11.6
Versus the country
+23%
denser
Every business in Armstrong Mccall's industry operating in Texas — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in TX | Local charge-off | Units in TX |
|---|---|---|---|
| MASSAGE HEIGHTS | 43 | 16.7% | — |
| General Nutrition Center | 35 | 16.7% | — |
| Pearle Vision Center | 32 | 3.7% | — |
| Success On The Spectrum | 22 | thin | — |
| ELLIE MENTAL HEALTH | 21 | thin | — |
| Gameday Men's Health | 21 | thin | — |
| THE JOINT CHIROPRACTIC (RD) | 13 | thin | — |
| Degree Wellness | 12 | thin | — |
| 100% Chiropractic | 10 | thin | — |
| Healthsource Chiropractic | 10 | thin | — |
| Vital Care | 10 | thin | — |
| Vision Source L.P. | 9 | thin | 245 |
Same sector, same state, same public records — how Armstrong Mccall compares to the systems a buyer in Texas would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Armstrong Mccall's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →